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Chief Risk Officer Jobs in Michigan (NOW HIRING)

TRUCENT INC

Chief Financial Officer

Dexter, MI · On-site

The CFO will work directly with the CEO and the three Division VPs, serving as a key strategic ... Develop and implement a financial risk management policy. * Manage financial relationships with ...

Great Lakes Bay

Chief Health Officer

Saginaw, MI · On-site

... Medical Director, Chief Dental Officer, Behavioral Health Medical Director, Vision Services ... Risk Management Committee to ensure oversight of clinical quality and compliance. (5%) * ...

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Chief Risk Officer information

See Michigan salary details

$86.3K

$167.1K

$334.7K

How much do chief risk officer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for chief risk officer in Michigan is $167,140.00, according to ZipRecruiter salary data. Most workers in this role earn between $146,900.00 and $166,000.00 per year, depending on experience, location, and employer.

What is a chief risk officer?

A chief risk officer (CRO) oversees financial risks for a business or other organization. As a CRO, your job duties involve identifying business risks, developing risk management policies, and performing risk assessments of new projects. You usually collaborate with all departments in your organization, as well as stakeholders and board members, to determine suitable levels of financial risk. It is essential to monitor company policies to ensure that all projects meet industry standards and government regulations. Chief risk officers may also be in charge of internal auditing, IT security, and insurance needs.

What is the difference between Chief Risk Officer vs Risk Manager?

AspectChief Risk OfficerRisk Manager
CredentialsTypically requires advanced degrees (MBA, Master’s in Risk Management) and professional certifications (FRM, CRM)Often holds a bachelor’s degree; certifications like CRM or FRM are common but not always required
Work EnvironmentExecutive-level, strategic planning, overseeing entire risk management frameworkOperational role, implementing risk policies, analyzing specific risks
Industry UsageUsed across finance, insurance, corporate sectors at the executive levelFound in various industries, focusing on day-to-day risk assessment and mitigation

The Chief Risk Officer (CRO) is a senior executive responsible for the overall risk management strategy of an organization, requiring advanced credentials and strategic oversight. In contrast, a Risk Manager handles specific risk assessments and mitigation activities, often with less seniority and fewer certifications. Both roles are vital but differ in scope, responsibilities, and level of seniority.

What is a chief risk officer?

A Chief Risk Officer (CRO) is a senior executive responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations or objectives. The CRO oversees risk management strategies, ensures compliance with regulatory requirements, and works closely with other executives to develop policies that protect the company from financial, operational, and reputational harm. This role is especially important in industries such as finance, insurance, and healthcare, where risk management is critical to organizational success.

What are some common challenges a chief risk officer faces in aligning risk management strategies across different departments?

A Chief Risk Officer (CRO) often encounters challenges in ensuring that risk management policies are consistently implemented across departments with varying objectives and risk appetites. Communication gaps, differing priorities, and varying levels of risk awareness can make it difficult to create a unified risk culture. CROs must work closely with department heads to tailor risk strategies that align with business goals while maintaining compliance and minimizing exposure. Building strong relationships and fostering ongoing education are key to overcoming these challenges and promoting effective enterprise-wide risk management.

What does a chief risk officer make?

A Chief Risk Officer (CRO) typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the industry, company size, and location. They often receive bonuses, stock options, and other benefits, reflecting their senior management role responsible for identifying and managing organizational risks.

What are the key skills and qualifications needed to thrive as a chief risk officer, and why are they important?

To thrive as a Chief Risk Officer, you need deep expertise in risk management, financial analysis, regulatory compliance, and typically an advanced degree in finance, law, or business. Familiarity with risk assessment software, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is highly valued. Strategic thinking, leadership, and strong communication skills enable effective collaboration across executive teams and clear risk reporting. These capabilities are vital for identifying threats, safeguarding organizational assets, and ensuring sound decision-making in a complex regulatory environment.
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Chief Risk Officer jobs near you
Infographic showing various Chief Risk Officer job openings in Michigan as of August 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 100% In-person job distribution, with an average salary of $167,140 per year, or $80.4 per hour.

Chief Financial Officer

TRUCENT INC

Dexter, MI • On-site

Full-time

Re-posted 16 days ago

Job description

About Trucent

Trucent is a global leader in fluid recovery and regeneration solutions, helping manufacturers and producers achieve operational excellence through sustainable processes. For over 25 years, Trucent has delivered leading-edge solutions across Fluid Separation for Metalworking and Manufacturing, Industrial Fluid Control, Plant Process Optimization, Corn Oil Extraction, and Oil Flow Optimization.

Trucent operates through three distinct business divisions, each led by a dedicated Vice President:

  • Trucent Separation Technologies — fluid separation solutions for metalworking and industrial manufacturing customers.
  • Trucent Centrifuge Parts & Repair (CPR) — a focused expert in disc stack centrifuge repair, rebuild, and parts supply for food, dairy, and beverage plant operators.
  • Trucent Renewable Chemicals — delivering sustainable chemical solutions including corn oil extraction and oil flow optimization.

Across all three divisions, Trucent employs approximately 155 people who share a commitment to being visionaries in fluid separation technology and delivering the customer excellence and dependability that has defined the company for over two decades.

The CFO will work directly with the CEO and the three Division VPs, serving as a key strategic partner across the organization — aligning finance and strategy across all business units.

Role

CFO

Reports To

CEO

Direct Reports

Finance, Ops & Shared Services Teams

Location

Dexter, Michigan


The Opportunity

The CFO is an integral member of Trucent’s senior leadership team and will provide the financial leadership and vision necessary to drive Trucent’s growth strategy, capital efficiency, and long-term value creation.

The ideal candidate brings deep financial and operational leadership experience, understands how strategy translates to execution, and can own corporate financial strategy, capital management, leasing, ERP systems, and shared services — working closely with the CEO and Division VPs to align performance with long-term growth goals.

Key Responsibilities
  • Leadership for our INC programs including HR, safety, IT, finance accounting and related Inc functions – team of 10-15.
  • Refine and development of ERP systems and operational efficiency in our business systems such as inventory management, billing, treasury, field service.
  • Advance programs such customer portals and B2B interactions and systems.
  • Participate and or lead in acquisition and divestiture considerations and engagements.
Additional Responsibilities
  • Define corporate financial strategy; manage financial capital and communicate capital requirements and implications of business decisions to the CEO and senior management.
  • Conduct meaningful, proactive analysis to improve key business decisions — focusing on management of working capital, financial vehicles, and strategic priorities.
  • Develop and manage a comprehensive leasing strategy — evaluating lease vs. own decisions for equipment, facilities, and fleet; optimizing lease structures to support operational flexibility and balance sheet efficiency.
  • Grow equity value — increase gross profit, reduce debt, ensure efficient capital expenditures, and minimize taxes.
  • Provide useful financial insights to help formulate and execute business strategy.
  • Maintain market awareness of industry trends, opportunities, and shifts.
  • Establish internal control processes required to manage and grow the business.
  • Effectively lead the finance and accounting team — developing and coaching existing talent and hiring when needed.
  • Develop and implement a financial risk management policy.
  • Manage financial relationships with banking partners.
What We’re Looking For
  • 10+ years of progressive financial and executive leadership, with a track record of driving growth and managing complex organizations.
  • Demonstrated ability to partner with operations leaders and translate operational realities into sound financial decisions.
  • Experience developing and managing leasing strategy — equipment, facilities, or fleet — in an industrial or manufacturing context.
  • Proven ability to tie company strategy and growth to operational execution and product/service innovation.
  • Bachelor’s degree in Business or Engineering; MBA preferred.
  • 25–50% travel availability across the US, Canada, and Mexico.
Skills & Expertise
  • Excellent critical thinking, strategic orientation, execution, and project management skills.
  • Exceptional verbal, analytical, organizational, and written communication skills.
  • Ability to develop, lay out, and follow through on detailed business plans and programs.
  • High level of integrity and dependability with a strong sense of urgency and results-orientation.
  • Strong interpersonal and leadership skills; integrative team working style with ability to foster team spirit.
  • Strong business and financial acumen, including leasing and capital structuring knowledge.
  • Up-to-date knowledge of current financial and accounting systems and applications.
  • Strong proficiency with Microsoft Office.
  • Strong negotiation skills.